In today's dynamic market environment, we have seen a notable increase in volatility due to various macroeconomic factors such as fluctuating interest rates and the recent struggles faced by SVB Bank. Despite these challenges, I have remained committed to utilizing a comprehensive analysis of market price action to inform my trading strategy.
Based on my careful analysis, I am currently anticipating a short-term pullback in the markets, followed by a potential upward trend towards market highs. This projection coincides with the Federal Reserve's taper talks, which may have a significant impact on the overall direction of the market
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